Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Rip the Face Off the Bears Rally! - 22nd Dec 24
STOP LOSSES - 22nd Dec 24
Fed Tests Gold Price Upleg - 22nd Dec 24
Stock Market Sentiment Speaks: Why Do We Rely On News - 22nd Dec 24
Never Buy an IPO - 22nd Dec 24
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Internet Undersea Cable Cut - Targeting of Iran?

Politics / Iran Feb 03, 2008 - 03:28 AM GMT

By: Ian_Brockwell

Politics There has been some concern that the undersea internet cables, that have been cut recently, are perhaps no accident?

The first incident happened 8km from Alexandria in Egypt, which involved 2 cables apparently alongside each other. According to initial reports, the cables may have been "snapped" by a ship´s anchor.


Whilst this explanation is certainly a possibility, it seems a strange coincidence that barely two days later another cable is cut, this time 56km from Dubai in the Persian Gulf. There is even rumor of a fourth cable being damaged, but this has not been confirmed.

The countries most affected by the damaged cables are Egypt, India and the Middle East (in particular Iran). Israel and Iraq, as far as we can tell, were not affected by this problem as they use an alternative route for this service.

Cables involved in the "breaks" belong to companies connected to Reliance Communication Ventures, where Anil Ambani has a 66.75% interest. His father (Dhirubhai Ambani) originally founded the company and it is a classical rags to riches story.

Dhirubhai Ambani started with absolutely nothing, but developed a company that was a huge success. Questions were raised about how Dhirubhai managed to raise so much cash to do this, and this appears to be the result of a "Non-Resident Indian" investing Rs. 220 million in Reliance during 1982-1983. Dhirubhai has been accused of "manipulating" government policies and was known to be a "king-maker" in government elections (enjoying a certain amount of media protection). He was also involved in other business interests, including the oil industry.

Following Dhirubhai´s death in 2002, the company was split between the Ambani brothers, with the youngest (Anil Ambani) taking control of Reliance. Anil, born June 4 1959, is the 6th richest person in the world (worth $45 billion).

On the assumption that the cables cut were no accident, we must ask ourselves who would do such a thing and why. Clearly Iran, who were most affected, would gain nothing from such an action and are perhaps the target of those responsible?

But why would anyone want to disrupt communications in Iran (and other countries)? Could this be some subtle message to Iran, an example of how their communications can be affected by outside forces? Maybe this is a prelude to an attack, or perhaps a test run for a future one?

Communication has always been an important factor in military action, and cutting these cables might affect Iran´s ability to defend itself. But even if that were not the case, it would certainly make it difficult for them to report any events to the outside world. So, if they were attacked, we would have to rely on news reports from the usual sources (the Mainstream Media), and we all know where their loyalties lie.

Oddly enough, Russia also experienced some "internet problems" during this same period, but that may be another coincidence?

By Ian Brockwell
http://www.Profindsearch.com

Ian Brockwell is the creator of Profindsearch.com and interests include writing, teaching, politics, climate change, UFO reports, businesses of all descriptions, medicine and generally trying to enjoy life. Profindsearch is a very small search engine, which hopes to be a Google one day! (We can all dream)

Ian Brockwell Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in